Welcome to the 19th edition of the Carnival of Debt Reduction, dedicated to posts that inspire or help us to get rid of debt. Last week’s edition was hosted by Frugal For Life.
Without further ado, here are the highlights:
Pay Down That Debt With Your Tax Refund: Investing Intelligently shows how to reduce your debt by regularly applying your tax refund to the principal.
Since you didn’t get what you wanted at Christmas… Canadian Financial Stuff says that retailers are trying to pump up their January sales by enticing you to squander more money on things you “wanted” for Christmas. Don’t fall for it.
Canadians Spending Beyond Earnings: Centrerion considers Statistics Canada data on Canadians’ debt load and Stephen Harper’s GST reduction plan. A follow-up to an earlier post on calculating the GST tax break under Harper’s plan.
Contractions: Critical Mastiff recommends that we must begin to pay down our debts before it is too late, as Japan’s contracting population will have a dire effect on everyone.
Beware Credit Cards Bearing Gifts: Free Money Finance warns that there is a new credit card in town and while it may seem like a good deal, it really is not.
Loan Qualification Standards - Loan to Value Ratio: Searchlight Crusade warns not to get into debt trouble by paying attention to the loan-to-value ratio.
The Best Laid Plans: Below The Beltway points out that the comprehensive bankruptcy reform legislation passed by the US Congress has accomplished nothing.
The Danger of Cash Flow Thinking: Early Riser discusses the pit falls in forgetting net worth and blindly focusing on cash flow.
The Month at the end of the Money: The Common Room has a trick to improve your spending and saving habits.
Fiscal Fitness at Library: Frugal For Life says that even little papers have some good information that may help you get off on a good start to reducing debt and saving some money.
A 5 Step Strategy for Getting Out of Debt: AllThingsFinancial looks at Loral Langemeier’s (author of The Millionaire Maker) debt reduction formula in A 5 Step Strategy for Getting Out of Debt.
Lowering Credit Card Interest Rates: Personal Finance Advice says that it pays to call your credit card company and ask for a better interest rate. Often, if you ask, you will get a better rate.
Be Wary Of Tricky Credit Card Offers: MyMoneyBlog says that even if you are just trying to get a new credit card to lower your overall interest rates, be careful of the fine print and provides an example of some tricky wording.
Cash Back Credit Cards: No Credit Needed has nothing but disdain for cash back credit cards. He is also offering a brand new personal finance podcast.
Bad debt leads to good credit? Retire at 30 argues that reducing debt is fine, but as he recently learnt, doing everything right sometimes includes taking on some bad debt to build credit history.
Next week, tune in to Consumerism Commentary for more debt reduction ideas.
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18 responses so far ↓
1 mbhunter // Jan 23, 2006 at 6:21 am
Super job hosting. Thanks very much!
2 MightyBargainHunter.com » Carnivals of Personal Finance and Debt Reduction // Jan 23, 2006 at 6:23 am
[...] Be Capitalism hosts this week’s Carnival of Personal Finance! Fat Pitch Financials hosts next week! The Canadian Capitalist hosts this week’s Carnival of Debt Reduction! Fifteen posts this week in the carnival — definitely one of the bigger ones if not the biggest one yet! Great, great reading! Consumerism Commentary hosts next week! January 23rd, 2006 @ 09:22 AM • Filed under Announcements, Personal Finance, Debt Reduction [...]
3 IntegrateIT - KyleWelsh.com // Jan 23, 2006 at 10:17 am
This Week’s Finance Carnivals
Here are links (to the links) of this week’s carnivals:
Carnival of Personal FinanceCarnival of InvestingCarnival of Debt Reduction
4 Investing Intelligently » Blog Archive » Carnival of Debt Reduction #19 // Jan 23, 2006 at 10:37 am
[...] The Canadian Capitalist is hosting the Carnival of Debt Reduction this week. My favourites: “Cash-Back Credit Cards,” “Contractions,” and “A Five Step Stategy for Getting out of Debt.” [...]
5 Below The Beltway // Jan 23, 2006 at 11:47 am
Bloggin’ About Money
It must be pay-day in the blogosphere, because three finance-related Carnivals are up today.
First, there’s the Carnival of the Capitalists, which is up at Patent Barista.
Next, we’ve got the Carnival of Personal Finance, which is up at Be Capita ….
6 Searchlight Crusade // Jan 23, 2006 at 5:54 pm
Links and Minifeatures 01 23 Monday
Carnivals:
Carnival of Investing Recommended: Interview with B…
7 MightyBargainHunter.com » Carnival of Debt Reduction Guidelines and Schedule // Jan 23, 2006 at 7:57 pm
[...] 19 [...]
8 Financials Carnivals - Fat Pitch Financials // Jan 23, 2006 at 9:13 pm
[...] Carnival of Debt Reduction - Canadian Capitalist [...]
9 MyMoneyBlog // Jan 24, 2006 at 2:07 am
Carnavales Del Dinero
Carnival of Debt Reduction - Canadian Capitalist Carnival of Personal Finance - Be Capitalism Carnival of the Capitalists - Patent Baristas Carnival of Investing - Blueprint for Financial Prosperity Festival of Frugality - Canadian Capitalist…
10 wakeuplife.org » Blog Archive » Carnival of Debt Reduction #19 // Jan 24, 2006 at 6:51 am
[...] I found out about the Carnival of Debt Reduction #19 while listening to the Debt Podcast (which I highly recommend for those who are in debt or want to stay out of debt). It has a number of interesting links related to debt, and I highly recommend visiting the site. [...]
11 ~Dawn // Jan 24, 2006 at 8:20 am
Thank you for hosting!
12 Free Money Finance // Jan 25, 2006 at 11:11 am
Free Money Finance in Eight Carnivals This Week
Free Money Finance is part of eight carnivals this week: The Carnival of Investing includes my post on 4 Rules for Asset Allocation Carnival of the Vanities includes my post on Keys to Growing Net Worth Carnival of Personal Finance
13 real people, real finances // Jan 25, 2006 at 10:26 pm
Looks like some great reading. Thanks for putting it together.
14 lecentre // Jan 30, 2006 at 12:05 pm
Thanks for the high listing for Centrerion!
We just posted up about the Carnivals we’re in, so you should see some new links here, and hopefully some traffic.
Hope it was helpful
Cheers
lecentre
15 Mighty Bargain Hunter » Carnival of Debt Reduction Guidelines and Schedule // Mar 8, 2006 at 8:17 am
[...] 19 [...]
16 anderson smith // Jul 19, 2008 at 11:56 am
It’s good idea for the Debt reduction. Debt reduction is part of personal finance no doubt about that. It’s a very important part of personal finance, though important enough to have its own carnival. Successful debt reduction stories and good debt reduction advice needs more exposure, and people need to see that debt is not forever.
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Anderson Smith
Debt Consolidation
17 debt consolidation // Jul 22, 2008 at 11:03 am
Debt free living may seem obvious to some, but to many others, they are hard to live by. Hopefully those who are trying could remain out of debt. Thanks for the info!
18 Canadian Personal Finance Blog » Blog Archive » Money: Why aren’t you getting something for nothing? // Aug 10, 2008 at 1:36 pm
[...] to also read the Carnival of Debt Reduction here as [...]
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